A British travel firm that sold package holidays to Europe and Southeast Asia has collapsed into liquidation and will not be issuing refunds for cancelled trips. Regen Central LTD lost its Air Travel Organisers’ Licensing (ATOL) on January 13 and subsequently went into liquidation, according to the Companies House website.
ATOL, a scheme administered by the Civil Aviation Authority (CAA), offers financial protection for package holidays, guaranteeing refunds or repatriation should a travel company go under. However, accommodation-only and non-flight packages are not covered by ATOL and therefore do not benefit from the same refund protection.
The CAA clarified: “We understand the company had no outstanding ATOL-protected bookings….